In a new study, researchers from Imperial College Business School, Columbia University and the University of Maryland found that wealthy individuals in the US can get in relative terms up to 70 per cent times greater returns on their investments than those with modest wealth, when the yields on assets such as stocks and bonds […]
Consumer predictions: Do categories matter when predicting the lottery or stock market?
In Investing
From sports to the stock market and even winning the lottery, it’s in our nature to predict who or what will come out on top. But, sometimes we can’t see the forest for the trees. According to a new study in the Journal of Consumer Research, people are more likely to make a prediction about […]
How widespread is tax evasion?
In Finance
New study puts a cost on ’round-tripping,’ a method investors use to avoid the tax collector Tax evasion is widely assumed to be an eternal problem for governments — but how widespread is it? For the first time, a new study, co-authored by an MIT professor, has put a cost on a particular kind of […]